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Acquisition fuels 20-store expansion

  Italian fashion label, Diesel, has relaunched under new ownership in Australia, with plans to open 20 stores over the next two years. Mandana Holdings took over the local operations of Diesel in Australia last year. The first store to open under the brand’s new leadership is at Melbourne’s Emporium. Sanjay Jain, director of Mandana Holdings, told Inside Retail PREMIUM the rollout is part of a the label’s repositioning in the Australian marketplace as a luxury brand. “This is the f